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B+

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Owner Contacts

$212,000

2615 Rolling Hills Dr, Sherman, TX, 75092

$262,563 ARV

Off Market

3 Beds

2 Bath

1,564 Sq Ft

Single Family Residence

$236.51 / sqft

Built in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Washer

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Lot Size38,250 sqft

Building Information

Garage Spaces2

Land Information

APN182A6625031

Lot Number115

SubdivisionWestern Acres Installment 2

Land UseResidential

Legal DescriptionWESTERN ACRES INSTALLMENT 2, LOT 115, ACRES .8781

Census Tract001901

Assessed Land Value$83,003

Assessed Improvement Value$32,568

Assessment Year2025

About this property

COUNTRY LIVING CLOSE TO THE CITY! Beautiful 3 bedroom, 2 bath HOME and 800 sqft WORKSHOP WITH HEAT AND AIR on 1.75 acres! Large living area with woodburning fireplace, OPEN to eating area and kitchen. All with soaring ceilings! Large primary bedroom with ensuite bath and walk-in closet. Two additional bedrooms on far side of the house with hall bath and enclosed stacking washer and dryer THAT STAY! NEW FLOORING IN BEDROOMS AND LIVING AREAS! Lots of LIGHT throughout the house. Runoff waterway around the back of the property with access to the creek. Beautiful trees and foliage make you feel like you are in the WOODS! The insulated workshop has a rollup garage door for driving in your car, truck, boat or other toys! There is an attached, small shed for your lawn mower and more. Great, well-maintained neighborhood! Close to Heritage Parkway (1417) Hwy. 75, Hwy 82, Sherman High School, Texas Instruments, shopping, restaurants and entertainment!

Investor Tools

$212,000

Estimated Property Value

$0Estimated Mortgage Balance

$212,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$262,562

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,219 /month

Positive

Cash Flow Estimate:

$740 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$290/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,418

$115,571

2025

$83,003

$32,568

$115,571

Tax History

Year

Tax Paid

Assessed Value

2024

$2,418

$115,571

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$212,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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